Crawford also says President Barack Obama's push to have broadband providers regulated like utilities signaled the government would step up its scrutiny.

But Forrester Research analyst James McQuivey thinks regulators are taking an overly narrow view. He doubts a Comcast/Time Warner Cable merger would've kept other players out of the lucrative broadband market.

“Because broadband is going to generate billions of dollars of revenue and billions of dollars of profit in the next ten years, broadband competition is going to happen,” says McQuivey.

McQuivey says that means companies like Google, Amazon and even Facebook could eventually be motivated to enter the fray.

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After Shock - KBBI Benefit August 3 & 4:

Join us at Alice's for the party after the party... Many folks simply aren't ready for Salmonfest to end...Come help us wrap up in style at 8 p.m. on Monday, August 3rd with Great American Taxi and Cajun Country Revival and on Tuesday, August 4th with Moonalice and Great American Taxi. Proceeds benefit KBBI.